Press release
Functional Water Market: Promising Growth through Hydration-Focused Trends, Key Players and Market Size Projections
Functional Water Market Share
What Is The Projected Market Size Of The Global Functional Water Market And Its Growth Rate?
The global functional water market has seen consistent growth in recent years with the following key figures marking its progression:
•Growth from $9.21 billion in 2024 to $9.89 billion in 2025, marking a CAGR of 7.4%.
•Rise in the market size expected to $13.28 billion in 2029, suggesting a potential CAGR of 7.6%.
•Contribution of factors such as increased awareness regarding hydration, rise in lifestyle-related health issues and expansion of online retail channels to growth in the historic period.
•Growth in the forecast period to be influenced by rising demand for functional ingredients, growing focus on immune health, advancements in nutraceutical research.
What Is Driving The Growth In The Functional Water Market?
Widening impact of obesity globally is steering the functional water market growth, with functional water acting as an effective dietary aid for weight management and prevention of overweight or obesity. Statistics from the World Health Organization highlight that more than 1 billion people globally are currently obese, with 650 million adults, 340 million youths, and 39 million children amongst them. The expectation by 2025 is that around 167 million people will struggle with health issues related to overweight or obesity, inevitably accelerating the demand for functional water even further in the forecast period.
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Who Are the Key Players Driving Functional Water Market Growth?
These key companies are predominantly driving the functional water market growth:
•Danone
•The Coca-Cola Company
•Pepsico Inc.
•Dr. Pepper Snapple Vitamin Well AB
•Trimino Brands LLC.
•Vichy Catalan Corporation
•San Benedetto
•Nestle SA
•Hint Water
•Keurig Dr Pepper Inc., etc.
What Are The Key Trends In The Functional Water Market?
The key trends influencing the functional water market space include:
•Hydration with added benefits
•Low-calorie and sugar-free options
•Electrolyte-enhanced waters
•Collaborations and limited editions
•The advent of digital marketing and e-commerce.
What Are The Segments Of The Global Functional Water Market?
The global functional water market comprises these segments:
•Product Type: Vitamin, Protein, Other Product Types
•Packaging: PET Bottles, Can, Other Packaging
•Distribution Channel: Hypermarkets or Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels.
Which Region Leads The Functional Water Market?
North America held the maximum share in the functional water market in 2024. Other regions covered in the functional water market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Functional Water Market Global Market Report?
- Market Size Analysis: Analyze the Functional Water Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Functional Water Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Functional Water Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Functional Water Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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